Global Table Tennis Sportswear Market Overview:
Table tennis is gaining popularity across the globe due to its fast play nature, without the requirement of a large play area. It is an extreme fitness sport that requires stamina, speed, and flexibility. These are the major driving factors for the global table tennis sportswear market. Table tennis has been witnessing increased participation in the European region due to the taste of the dynamic sports of the natives. The figures of participating members in the United Kingdom for able-bodied players aged 16 and over and for disability players both rose in 2015. Table Tennis England planned a series of initiatives in the coming months to ensure this trend continues. A similar trend can be observed in the United States which has been witnessing consistent high sales of table tennis sportswear in the past few years over the last decade. Countries of the Asia Pacific region like China, Japan, and Korea have already been actively involved in the sport. Thus, the overall growing popularity of the sport is likely to propel the market for table tennis sportswear in the forecast period.
- Growing Population and Rising Disposable Income has driven the Market for Table Tennis Sportswear
- A Rise in Urbanization and Changing Lifestyles has boosted the Growth of the Table Tennis Sportswear
- Rising Demand for Fashionable and Trendy Table Tennis Sportswear
- Growing Awareness of Health and Wellness in Developing Economies
- Increasing Trend of Playing Different Sports in Developing Countries and Increasing Indoor Sports Activity
- High Prices of Table Tennis Sportswear Apparels of Particular Sports
- Growing Market of the Duplicate Sportswear Apparel
- Rising Focus of Manufacturers on New Product Inventions Owing to the Trend of integrating Function and Fashion Industries
- As the Technological & Industrial Advancements Continue to Produce Lighter and More Breathable Sportswear
- The Fluctuation of Raw Material Prices for Making Table Tennis Sportswear
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies.
Some of the key players profiled in the report are Nike (United States), Under Armour (United States), Adidas (Germany), Kappa (Italy), Reebok (United States), Fila (South Korea), Everlast (United States), Lotto (Italy), Lorna Jane (Australia), Converse (United States), Puma (Germany), Skechers (United States) and Dick's Sporting Goods (United States). Additionally, following companies can also be profiled that are part of our coverage like ASICS (Japan), The North Face (United States), Diadora (Italy), Mizuno Corporation (Japan), Hanesbrands Inc. (United States) and Peak Sports (United States). Analyst at AMA Research see United States Vendors to retain maximum share of Global Table Tennis Sportswear market by 2026. Considering Market by Distribution Channel, the sub-segment i.e. Online (Company Websites and E-Tailer Websites) will boost the Table Tennis Sportswear market. Considering Market by Material, the sub-segment i.e. Polyester will boost the Table Tennis Sportswear market. Considering Market by End User, the sub-segment i.e. Men will boost the Table Tennis Sportswear market.
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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The top-down and bottom-up approaches are used to estimate and validate the size of the Global Table Tennis Sportswear market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Table Tennis Sportswear market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Table Tennis Sportswear Manufacturers, Research Organizations and Consulting Companies, Potential Technology Investors, Regulatory & Government Bodies, Downstream Vendors, End Users and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.